I am buying a new build flat in Langstone. Can I do my own conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Langstone you will have to appoint a solicitor on your mortgage company's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Langstone.
A relative pointed out to me me that in purchasing a property in Langstone there may be various restrictions affecting the ability to carry out external changes to a property. Is this right?
There are anumerous of properties in Langstone which have some sort of restriction or requirement of consent to external changes. Part of the conveyancing in Langstone should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
I currently have a mortgage with Barclays for my property in Langstone. Conveyancing has been completed months ago. If I am intending to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform Barclays?
Barclays must be informed of your intention before letting out your property as this is likely to be a breach of Barclays’s mortgage conditions. In many cases banks or building societies will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Barclays directly. You need not do this via a Barclays conveyancing panel firm.
The formalities of my purchase has taken place for my property in Langstone. Conveyancing was a necessary evil but I would like to complain about the lender. Who do I contact should I wish to lodge a complaint?
Almost all banks and building societies have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Services Team at head office. Ordinarily complaints to a lender are resolved effectively and efficiently. If you feel the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR who will take matters further.
My wife and I have a renovated Georgian house in Langstone. Conveyancing practitioner acted for me and Aldermore. I happened to do a free search for it on the Land Registry database and there are two entries: the first freehold, another for leasehold with the matching address. I thought I was buying a freehold how can I check?
You should read the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Langstone and other locations in the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also question the position with your conveyancing practitioner who conducted the purchase.
I've recently found out that there is a flying freehold issue on a house I put an offer in two weeks back in what was supposed to be a quick, no chain conveyancing. Langstone is the location of the property. Can you offer any advice?
Flying freeholds in Langstone are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Langstone you must be sure that your lawyer goes through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Langstone may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
I am selling my property. My previous conveyancers closed down. It would be helpful to have a recommendation of a conveyancing firm. I happen to live in Langstone if that makes things easier.
Please use our search tool to help you choose a solicitor for your conveyancing in Langstone. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move runs smoothly.
Back In 2003, I bought a leasehold house in Langstone. Conveyancing and Bank of Ireland mortgage are in place. A letter has just been received from someone saying they have taken over the reversionary interest in the property. Attached was a demand for arrears of ground rent dating back to 1996. The conveyancing practitioner in Langstone who acted for me is not around. What should I do?
The first thing you should do is make enquiries of HMLR to make sure that this person is in fact the new freeholder. There is no need to incur the fees of a Langstone conveyancing practitioner to do this as it can be done on-line for £3. Rest assured that regardless, even if this is the legitimate freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
Langstone Leasehold Conveyancing - Sample of Questions you should ask before buying
-
It would be sensible to discover as much as you can concerning the company managing the block as they will impact your use and enjoyment of the property. As the proprietor of a leasehold property you are often in the clutches of the managing agents from a financial perspective and when it comes to practical matters such as the cleanliness of the communal areas. Ask other tenants what they think of them. Finally, investigate as to the dates that you are obliged pay the maintenance charge to the managing agents and precisely what you get for your money. What is the yearly maintenance fee and ground rent? Be sure to enquire if there is anything that is prohibited in the lease. For instance some leases prohibit pets being allowed in in a block in Langstone. If you love the flatin Langstone yet your cat can’t move with you then you have a very hard determination.